The IPO of this bank which is more than 100 years old got good response from the investors.
You can view the share allotment online by logging on to the BSE website or link intime.
The Gray Market Premium (GMP) of the IPO is Rs 7 per equity share today.
Mumbai. There will be share allotment of Tamilnad Mercantile Bank IPO on Monday. The IPO of this bank which is more than 100 years old got good response from the investors. If you have also invested in this IPO then you can check the share allotment status. We are telling you how to check whether you have got the share or not?
If you have applied for this IPO, you can check the share allotment status online by logging on to the official website of BSE or Link Intime. However, for convenience, you may directly refer to the BSE link — bseindia.com/investors/appli_check.aspx or
at direct Link Intime web link — linkintime.co.in/MIPO/Ipoallotment.html.
You can view the status by logging in.
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How to check share allotment status on Link Intime’s website
1. Direct Link Intime web link — linkintime.co.in/MIPO/Ipoallotment.html; Please login.
2. Select Tamilnad Mercantile Bank IPO.
3. Then fill the PAN details.
4. Then click on ‘Search’ option.
After that the share allotment status of your Tamilnad Mercantile Bank IPO will soon be available on the computer monitor or smartphone screen.
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How to check share allotment on BSE’s website
1- Login at direct BSE link — bseindia.com/investors/appli_check.aspx;
2- Select – Tamilnad Mercantile Bank IPO
3- Then enter Tamilnad Mercantile Bank IPO application number
4- Then fill the PAN details
5- ‘I’m not a robot’; click on
6- Then click on ‘Submit’ button
After this the share allotment status of Tamilnad Mercantile Bank IPO will be visible on your mobile or computer.
Tamilnad Mercantile Bank IPO GMP
According to market experts, the IPO Gray Market Premium (GMP) of Tamil Nadu Mercantile Bank is Rs 7 per equity share today. That is, the rate is running 7 rupees more than the issue price.
The IPO was floated at a price band of ₹500 to ₹525 per equity share. The stock is proposed to be listed on BSE and NSE. The tentative Tamilnad Mercantile Bank IPO listing date is 15 September 2022.
Tags: IPO, Share allotment, Share market, IPO
FIRST PUBLISHED : September 12, 2022, 08:57 IST